ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.008%

Price spread now: Nado against Aevo+0.105%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.105% dearer against Aevo than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ONDO-PERP	0.4505	0.0104	pay 0.0013% / 1h	32m 27s	$35K	—	3x
Short	Nado ONDO-PERP	0.4509	0.0100	get 0.0012% / 1h	32m 27s	$440K	$647K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee NadobpOrdersPrice spread, now +0.105%Rate

Funding earned: −$0.84
Price spread: +0.105% → 0.000%: $10.55
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$13.29
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Nado: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Nado live order book, 16 min ago	1.01 bp	6.2 bp −$6	24.9 bp −$249	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ONDO on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ONDOUSD	−0.0942%	1h	0.4501	−0.085%	$2.9M	$7.3M	50x	as long as short
Phemex ONDOUSDT	−0.0382%	4h	0.4507	+0.056%	$5.0M	$6.0M	50x	as long as short
Bybit ONDOUSDT	−0.0098%	4h	0.4505	+0.011%	$71.5M	$112.9M	50x	as long as short
Deribit ONDO_USDC-PERPETUAL	0.0000%	1h	0.4505	+0.011%	$20K	$344K	25x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0008%	1h	0.4506	+0.030%	$6K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4416	−1.965%	$994	$82K	5.5x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4510	+0.131%	$6K	$9	10x	as long as short
Nado ONDO-PERPshort	+0.0100%	1h	0.4509	+0.105%	$440K	$647K	10x
Binance ONDOUSDT	+0.0100%	4h	0.4506	+0.027%	$67.0M	$217.6M	75x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4508	+0.078%	$17.7M	$78.9M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4488	−0.366%	$74K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4513	+0.191%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4503	−0.033%	$11.8M	$18.5M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4504	−0.011%	$52.2M	$44.2M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4510	+0.122%	$13.9M	$10.1M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4511	+0.144%	$25.7M	$40.6M	50x	as long as short
BingX ONDO-USDC	+0.0100%	4h	0.4505	+0.011%	—	$747K	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4514	+0.213%	$224K	$940K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4492	−0.287%	$780K	$2.0M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4489	−0.335%	$5K	$320K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4487	−0.389%	$423K	$856K	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4506	+0.033%	$159K	$326K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4513	+0.182%	$72K	$997K	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4503	−0.033%	$25K	$8K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4504	−0.011%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4504	−0.011%	$468	$14K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4513	+0.189%	$124K	$512K	50x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4509	+0.108%	$404K	$995K	25x	as long as short
Aevo ONDO-PERPlong	+0.0104%	1h	0.4505	long leg	$35K	—	3x
Aster ONDOUSDT	+0.0118%	4h	0.4510	+0.133%	$757K	$1.9M	20x	as long as short
Phoenix ONDO	+0.0144%	1h	0.4504	−0.018%	$29K	$222K	10x	as long as short
01 Exchange ONDOUSD	+0.0296%	1h	0.4514	+0.220%	$372	$2K	10x	as long as short
BloFin ONDO-USDT	+0.0340%	4h	0.4508	+0.078%	$3.2M	$3.1M	75x	as long as short
Hyperliquid ONDO	+0.0456%	1h	0.4516	+0.244%	$41.0M	$26.5M	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0472%	1h	0.4509	+0.100%	$317K	$803K	50x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0612% / S −0.0203%	1h	0.4505	+0.019%	$560K	—	100x	as long as short
Lighter ONDO	+0.0768%	1h	0.4518	+0.293%	$1.2M	$2.1M	10x	as long as short
Reya ONDORUSDPERP	+0.1136%	1h	0.4510	+0.118%	$2K	—	20x	as long as short
dYdX ONDO-USD	+0.7147%	1h	0.4513	+0.179%	$255K	$117K	5x	as long as short